Helen of Troy borrows $250M term loan; replaces LIBOR with SOFR

HELEN OF TROY LTD

Borrowed $250M term loan under accordion; proceeds to repay revolving loans.
Term loan matures March 13, 2025; quarterly installments of 0.625%.
Replaced LIBOR with Term SOFR as benchmark rate under the credit agreement.
Leverage ratio temporarily increased to 4.25x due to Curlsmith acquisition.
Existing Eurodollar rate loans to convert to Term SOFR at end of interest period.

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